Chinese telecom giant Coolpad buys $13.5 million worth of Bitcoin mining rigs

Coolpad Group plans to buy 2,700 BTC mining rigs for $13.5 million. The company will deploy these rigs in North America. Coolpad, a Shenzhen-based telecommunications provider listed on the Hong Kong Stock Exchange, intends to invest $13.5 million in a major Bitcoin mining operation. As part of a foray into the crypto world, Coolpad has specially...

The post Chinese telecom giant Coolpad buys $13.5 million worth of Bitcoin mining rigs appeared first on CoinJournal.

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